March 2009 Monthly Archive
I am looking at some recent chart patterns that have developed and/or triggered in the USD/JPY. When the Dow wakes up -- as it has this week -- the dollar-yen gets moving as well. The Dow rally has helped the dollar gain on the yen and the move higher is setting up another test of the 100.00 century level.… More…
Posted 09:22 25 March 2009 by Queen Cleopiptra
I have been playing a dollar long position since the pullback reached the top line of the Wave (34EMA high). This decision was not random but instead was based upon the criteria of my swing trading...… More…
Posted 14:49 16 March 2009 by Queen Cleopiptra
The century mark is a huge psychological level for the USD/JPY and while the deteriorating Japanese economy continues to rally the dollar-yen. With the daily chart still in a strong uptrend, it would not be best to fight the trend on this time frame. … More…
Posted 11:32 09 March 2009 by Queen Cleopiptra
I am still getting better from being pretty sick over the last week and am slowly venturing back into active, intraday trading with mainly the 15 minute time frame. I prefer to use this time frame when I am not feeling well since 15 minute trades typically have a shorter lifespan.… More…
Posted 16:52 03 March 2009 by Queen Cleopiptra